India, Aug. 26 -- Meta has settled a major child safety case in the US involving Facebook and Instagram. The company has reached a settlement with 29 US states over allegations that its platforms could harm children and teenagers.

Meta could pay up to $16.7 billion as part of the settlement. Reuters put the maximum value of the settlement at $16.68 billion (£12.26 billion), while Yahoo Finance reported it as $16.7 billion. The case was brought by state attorneys general from 29 states. The legal action was led by attorneys general from states including California, Colorado, Kentucky and New Jersey.

The states accused Meta of designing features that kept children scrolling. They claimed Facebook and Instagram used features that were...